Good performance! Fundamentals

The numerical values paid attention to for fundamental analysis are as follows.

Percentage of sales growth in the fiscal year ending July 2016 to July 2017: 30%
Increase in sales in the fiscal year ending July 2017 to July 2018 (forecast): 2.0 times
Increase ratio of ordinary income in the fiscal year ending July 2016 to July 2017: 32%
Increase ratio of ordinary income in the fiscal year ending July 2017 to July 2018 (forecast): 3.7 times
Increase ratio of ordinary income in the most recent quarter (August to October, 2017): 14 times
Expected ROE: 59.4%

Re-break out from lost droppings!

(Added on January 27, 2018)

The new high price (495 yen) was updated on January 26, 2018, and the stock price increased by 16.8% based on the high price (578 yen). Although lower prices was attached on January 17, this seems “an intentional drop” by institutional investors. This movement is considered a harbinger of a sharp rise of the stock price.

Daily chart of MEIHO ENTERPRISE on January 26, 2018

The trigger of the rapid rise of the stock price is “purchase of new business land by new loans”.

27.9% up in 5 business days!

The new high price (495 yen) was updated on January 26, 2018. The stock price of MEIHO ENTERPRISE increased by 27.9% based on the high price (633 yen) at January 31.

Daily chart of MEIHO ENTERPRISE on January 31, 2018

We will continue monitoring the stock price of the MEIHO ENTERPRISE to check whether the stock price will rise.

Caution
The content of this blog is an opinion about KI-STAR REAL ESTATE and MEIHO ENTERPRISE as an individual investor. I am not responsible for losses caused by investment based on the content of the blog.

“When is the impact of negative interest rate policy reflected in the performance of real estate companies?”

22 months have passed since the BOJ decided to introduce a negative interest rate on January 29, 2016. At the time of the introduction decision, the question “What is the negative interest rate in the first place?” was swept over the stock market, but now house purchase examiners (consumers) seems to understand that a mortgage interest rate decreases after the introduction of the negative interest rate.

Finally, due to the negative interest rate, the performance of real estate companies is increasingly visible. Among real estate companies, I will introduce KI-STAR REAL ESTATE CO.,LTD(3465).

Condominium housing business is solid! KI-STAR REAL ESTATE CO.,LTD

Approximately 80% of KI-STAR REAL ESTATE revenue is that of condominium housing business. The company also set up a system that puts emphasis on condominium housing business for the individual sale. I think that the performance of condominium housing business will continue to grow.

Great Fundamentals

The numerical values​paid attention to fundamental analysis are followed.

Percentage of sales growth in the fiscal year ending March 2016, March 2017: 32%
Increase in sales in the fiscal year ending March 2017, March 2018 (forecast): 32%
Increase ratio of ordinary income in the fiscal year ending March 2016, 2017: 63%
Increase ratio of ordinary income in the fiscal year ending March 2017, March 2018 (forecast): 33%
Increase ratio of ordinary income in the most recent quarter (July to September, 2017): 43.3%
Expected ROE: 32.6%

New high price update in progress to further height

The new high price (2,433 yen) is updated on November 21, 2017.

Daily chart of KI-STAR REAL ESTATE CO.,LTD on November 24, 2017.

The rise in stock prices accompanied by the volume on 30th October is thought to reflect the buying of financial institutions. In the future, we can expect a rise in stock prices from the improvement in performance.

12.2% up in 9 business days!

(Added on December 2, 2017)

After updating the new high (2,433 yen) on November 21, 2017, the stock price increased by 21.4% on the basis of the high price (2,731 yen) on December 1st.

Daily chart of KI-STAR REAL ESTATE on December 1, 2017.

KI-STAR REAL ESTATE is a leading company among real estate companies. I think there is still room for stock price to rise. We will continue to monitor stock prices of KI-STAR REAL ESTATE.

20.1% up in 18 business days!

(Added on December 16, 2017)

After updating the new high price (2,433 yen) on November 21, 2017, the stock price rose 20.1% on the high price (2,934 yen) on December 15th.

Daily chart of KI-STAR REAL ESTATE on December 15, 2017.

I will continue to monitor the stock price of KI-STAR REAL ESTATE to check what extent it will rise.

32.3% up in 27 business days!

(Added on January 1, 2018)

After updating the new high price (2,433 yen) on November 21, 2017, the stock price increased by 32.3% on the high price (3,220 yen) basis on December 28.

Daily chart of KI-STAR REAL ESTATE on December 29, 2017.

I would like to monitor the stock price of KI-STAR REAL ESTATE along with that of MEIHO ENTERPRISE CO., LTD that is also among leading real estate companies.

Caution
The content of this blog is an opinion about KI-STAR REAL ESTATE as an individual investor . I am not responsible for losses caused by investment based on the content of the blog.

Jones industrial average on November 16th finished at $ 18868.14, which was 54.92 (0.3%) lower than that on the precious day. Jones industrial average suddenly rises too much. The stock prices continued to rise for 7 consecutive business days in a row. I think that selling adjustment of the profit fixing was once happened to the bank-related stock prices which had been rapidly rising.

The probability that the rise of t today’s Nikkei Stock Average will also be adjusted like that of Jones industrial average

In a daily chart, Jones industrial average has a negative line, but the upward trend will continue still. Although Jones industrial average fell compared to that of the previous day, it has received the support of the rise by the 5-day moving average line. Also, the 50-day moving average line and the 75-day moving average line seem to be golden-crossed. I think that selling adjustment will happen once for Jones industrial average, but there is a high possibility that it will continue to rise.

It is highly likely that the Nikkei Stock Average on November 17th will be pushed down by selling adjustment. Like the American market, the stock prices of the bank might decline. We also need to pay close attention to selling adjustment of the stock prices of export related companies. The exchange rate has fluctuated to the dollar depreciation against the yen at 1 dollar = 108 yen level.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

The Nikkei Stock Average on November 16 finished at 17,862.21 yen, which was 194.6 yen(1.1%) higher than that on the previous day. There were two factors of the rise of the Nikkei Stock Average.

1. As the American interest rate rose, the exchange rate fell to the yen against the dollar and the stock price of export related companies rose.
2. As the long-term interest rate in Japan rose, the stock prices of banks rose.

How long will the yen’s depreciation against the dollar continue?

As for the exchange rate, 1 dollar = 110 yen has come into view. However, you should not forget that the next American president Trump might insist on “dollar depreciation”. Actually, Trump tried to insist on “dollar depreciation” in the television debate of the American presidential election. When “the yen appreciates the dollar weak” remarks, I think that the exchange rate will fluctuate to the dollar depreciation against the yen at a stretch.

Mechanism of the yen depreciation against the dollar @ Trump market.

The mechanism of the yen depreciation against the dollar in the Trump market is as follows.

1. Trump politic leads to tax cut & infrastructure investment.
2. As issuance of government bonds in the US is expected, interest rates are rising.
3. Meanwhile, the bank of Japan will continue the zero interest rate policy with the adjustment of the yield curve.
4. The difference of interest rates between the US and Japan will expand.
5. As selling the yen and buying the dollar proceeds, the exchange rate fluctuates to the yen depreciated against the dollar.

Attention is required to how far this mechanism continues. We do not know when Mr. Trump will refer to “dollar depreciation” policy.

The rise of the Nikkei Stock Average is caused by the rise of the mega bank’s stock price.

The trading value of the first section of the Tokyo Stock Exchange is estimated 2.856 trillion yen, which is approaching to 3 trillion yen, which can be said as a standard for large trading. The momentum of the rise of the Nikkei Stock Average is very strong. Especially, the momentum of the stock price rise of the banks is remarkable. In a trading price ranking, the 1st place is Mitsubishi UFJ, the 2nd place is Mitsui Sumitomo, and the 3rd place is Mizuho. It can be said that the stock price rise of the banks pushed up the Nikkei Stock Average.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Jones industrial average on November 15th finished at $ 18923.06, which was $ 54.37(0.3%) higher than that on the previous day. Record highs on a closing price basis are updated for 4 consecutive business days in a row. The main factors of the rise of Jones industrial average are the following two points.

1. Continuation of Trump effect due to high expectations for Trump’s plans.
2. Investor’s expectation for oil production reduction agreement on OPEC.

What we need pay attention to is the investor’s expectation for the OPEC reduction production agreement. The news on production reduction agreement has been running for the past 6 months, but it is so uncertain. Special care is required for concerning factors that are uncertain and easily affect stock prices.

Trump plans ongoing acclaimed!

Today’s Nikkei average stock price is likely to rise as well. Following the rise of Jones industrial average, the Nikkei Stock Average futures CME (yen denominated) also finished at 17,900 yen. And also, the exchange rate fluctuates to the yen depreciation against the dollar. If the dollar keeps 109 yen while Japanese markets open, it will be a strong boost to the rise of the Nikkei Stock Average.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

The Nikkei Stock Average on November 15 finishted at 17,768.15 yen, which was 4.47 yen(0.03%) lower than that on the previous day. It can be said that the momentum of the rise of the Nikkei Stock Average and the pressure of the selling- adjustment were balanced. The trading value was estimated 2,586.8 billion yen. Still, the momentum of the rise of the Nikkei Stock Average is really strong.

The momentum of the rise in stock price is due to the rise of megabank stock prices. The rise in the American interest rates due to Trump politic has led to the rise of the megabank stock prices. The final profit decline of the three megabanks did not significantly affect investor’s sentiment.

The reason for the adjustment selling is that the dollar depreciated against the yen in the exchange rate. I think that correction to the depreciation of the yen had occurred.

Recently, the Nikkei Stock Average is suddenly rising, and in the exchange rate the yen plummets too much. The Nikkei Average stock price today and the exchange rate seemed to take a “small pause”.

The Nikkei Stock Average take a small pause, but the momentum of the rise continues.

In the daily chart, the Nikkei Stock Average was placing a cross line. Generally, it is said that the cross line represents “an unsettled mood”, by which we can’t know whether the stock price will rise or fall. However, if you look at the movement of the Nikkei Stock Average so far, the cross line in this case is highly likely to be an adjustment sign for a sharp rise of the Nikkei Stock Average. Unless something big happens, I think that the Nikkei Stock Average will rise again, waiting for the 5-day moving average line to come closer.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Jones industrial average on November 14th finished at $ 18868.69, which was $ 21.03(0.1%)higher than that on November 11th. The momentum of the rise in Jones industrial average weakened a little due to selling adjustment. As expected, the decline of the crude oil price (WTI crude futures price) called for the selling adjustment.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Share:

Jones industrial average on November 11th finished at $ 18847.66, which was $ 39.78 (0.2%) higher than that on November 10th. Mainly, stock prices of financial affiliates rose. There are two factors of the rise of the stock prices.

1.Stock prices of financial affiliates, such as banks and securities, rose due to expectations for easing the American financial regulation (elimination of the Dodd-Frank Act).
2.Insurance-related stock price rose as long-term interest rates in the US rose.

Will Jones industrial average be selling-adjusted?

I expect that Jones industrial average to be sell-adjusted. In charts, Jones industrial average has gone up too suddenly. Jones industrial average has risen sharply, largely separating the 5-day moving average line. Selling adjustment will reduce the difference between Jones industrial average and the 5-day moving average line. As a factor of selling adjustment, the decline in crude oil prices(WTI crude oil futures) is raised.

Don’t take care of “Demo” against Trump and Park

As a factor of the selling adjustment, there are also protest demonstrations to the next American president Trump and Korean president Park. However, I think that it will be a quite limited selling adjustment factor as long as I see the impact of the demo after Brexit.

Mid-term and long-term investors seem to be returning to Japanese markets by Trump effect

The Nikkei Stock Average finished at 17,772.62 yen, which was 297.83 yen(1.7%) higher than that on the last weekend. The factors of the rise in the Nikkei Stock Average are the following two points.

1.The yen weakened against the dollar in the exchange rate as interest rates in the United States rose by the expectation of Trump politic.
2.Preliminary figures for Gross Domestic Product (GDP) exceeded the expectation of investors.

The trading value was estimated 2,649.9 billion yen. Trading is getting exciting, following the momentum of the rise of the Nikkei Stock Average since last weekend. This momentum is really strong.

Thanks for Trump effect! The reise of the Nikkei Stock Average is real!

Even in charts, the Nikkei Stock Average has strong signs to rise. The following are the signs of the rise of the Nikkei Stock Average.

○The signs of the rises of the Nikkei Stock Average
・The 5-day moving average line and the 25-day moving average line are golden-crossed.
・The 13- week moving average line and the 52-week moving average line are golden-crossed.
・The 200-day moving average line is coming upward.

Because the Nikkei Stock Average has been suddenly rising, I think that the Nikkei Stock Average slightly declined by selling-adjustment this week. It seems to be a big chance whether you can successfully set a long position when the stock price has declined.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Special Events.

There are some events where FRB top officials comment on interest rate hike in December. The news about the interest rate hike in December should be paid attention. Investor’s interest has been concentrated on next American president Trump’s politic too much. I think that the news on the rate hike in December will affect investor’s sentiment to a greater or lesser extent.

Special attention is required for the following events.

○Schedule of events that the FRB top officials are expected to comment on the interest rate hike in December.

Jones industrial average on November 10th finished at $ 18807.88, which was 218.19(1.2%) higher than that on the previous day. The factor of the rise of Jones industrial average was that the news on the elimination of the Financial Regulatory Reform Act (Dodd-Frank Wall Street Reform and Consumer Protection Act) by the next President Trump had improved investor’s sentiment.

In charts, Jones industrial average has some signs of a very strong rise. Below are signs of the rise of Jones industrial average. I would like to measure the timing so as not to miss the rise in stock price.

○Signs of the rise of Jones industrial average
・In the daily chart, the 5-day moving average line and the 25-day moving average line are golden-crossed.
・In the weekly chart, it is highly likely that Jones industrial average will get out of the 13-week moving average line and the 26-week moving average line with entities of candlestick this weekend.
・In Ichimoku Kinko Hyo, it is highly likely that the conversion line will golden-crossed the reference line to become Sanyakukouten(three good roles).

The Nikkei Stock Average is strongly rising by Trump effect!

The Nikkei Stock Average on November 11th finished at 17,374.79 yen, which was 30.37 yen(0.18%) higher than that on the previous day. Bellow are the factors of the rise in the Nikkei Stock Average.

・Stock prices of financial affiliates such as banks and securities rose due to expectation for easing the American financial regulation (elimination of the Dodd-Frank Act).
・Insurance-related stock prices rose as long-term interest rates in the US rose.
・In the exchange rate, yen weakened against dollar as the long-term interest rate in the US rose.

The buying and selling price was estimated to be 3,615 billion yen on an approximate basis, indicating a big deal. Although the Nikkei Stock Average was lowered by the position adjustment and the sale of the profit fixing due to the weekend, the momentum of the rise of the Nikkei Stock Average is very strong.

The signs of the rise of the Nikkei Stock Average has appeared.

In the daily chart, the Nikkei Stock Average has a negative line. However, in the weekly chart, the 52-week moving average line functions as a support line for the rise of the Nikkei Stock Average. In addition, the golden cross of the 13-week moving average line and the 52-week moving average line might come soon. That is why you can expect the rise of the Nikkei Stock Average.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.